Graduate Students
Graduate students typically rely on the federal loan programs, scholarships and/or work outside the University to finance graduate school. Students must be admitted as degree-seeking and enrolled at least half-time in a graduate program at the master’s level to receive up to $20,500 in Federal Direct Loans per year.
Eligible graduate students may apply by completing the Free Application for Federal Student Aid (FAFSA). Students are encouraged to contact their graduate program directors to discuss the expenses of the program and potential funding options.
Federal Direct Student Loans
The William D. Ford Federal Direct Loan (Direct Loan) Program is the largest federal student loan program. Under this program, the U.S. Department of Education is your lender.
Direct Unsubsidized Loans are loans made to eligible undergraduate, graduate and professional students, but in this case, the student does not have to demonstrate financial need to be eligible for the loan.
Graduate students qualify for up to $20,500 each year in Direct Unsubsidized Loans.